Oqood in itself is a service provided to developers by the Dubai Land Department with the aim to ease the registration of all types of sale contracts for off-plan properties between developers and buyers.

It allows developers to manage their off-plan properties within a simple user-friendly bilingual Arabic-English interface while protecting buyers and their property investments.

Oqood enables developers to perform and register their off-plan sales transactions smoothly with the full knowledge and approval of Dubai Land Department. The system allows the sale of off-plan property to be a more transparent and regulated process.

As a result, it safe guards the buyer from illegal practices such as a developer selling the same unit to multiple people or selling a false property. Furthermore it also allows the developer to keep record of their properties and their customers.

The developer is required to fill in the buyer and sale details in the online application and once the sale process is complete, a sales receipt can be produced through the system. All this information is regulated by the Dubai Land Department and helps keep everything documented.

Other benefits ensured by Oqood are reduction in time due to the online process and availability, uniformity in the sales approach and complete transparency of the registration fee structure.

Oqood serves to build and maintain a trusted regulatory community environment for the real estate industry in Dubai, benefiting both developers and buyers through providing complete clarity into the requirements, processes and fees.